Main figures
| January - March | |||
| From the income statement (NOKm) | 2023 | 2022 | 2022 |
| Net interest | 1,035 | 759 | 3,339 |
| Net commission income and other income | 541 | 522 | 2,042 |
| Net return on financial investments | 28 | 175 | 380 |
| Total income | 1,604 | 1,456 | 5,760 |
| Total operating expenses | 728 | 629 | 2,443 |
| Results before losses | 875 | 827 | 3,317 |
| Loss on loans, guarantees etc | -71 | 0 | -7 |
| Results before tax | 946 | 827 | 3,324 |
| Tax charge | 206 | 166 | 718 |
| Result investment held for sale, after tax | 38 | 37 | 179 |
| Net profit | 778 | 698 | 2,785 |
| Interest Tier 1 Capital | 34 | 21 | 63 |
| Net profit excl. Interest Tier 1 Capital | 744 | 677 | 2,722 |
| Balance sheet figures | 31 Mar 2023 | 31 Mar 2022 | 31 Dec 2022 |
| Gross loans to customers | 153,181 | 147,023 | 152,629 |
| Gross loans to customers incl. SB1 Boligkreditt and SB1 Næringskreditt | 213,967 | 199,965 | 211,244 |
| Deposits from customers | 123,529 | 114,053 | 122,010 |
| Average total assets | 225,759 | 202,936 | 196,226 |
| Total assets | 228,207 | 207,027 | 223,110 |
| January - March | |||
| Key figures | 2023 | 2022 | 2022 |
| Profitability | |||
| Return on equity 1) | 13.0 % | 12.6 % | 12.3 % |
| Cost-income ratio 1) | 45 % | 43 % | 42 % |
| Deposit-to-loan ratio excl. SB1 Boligkreditt and SB1 Næringskreditt | 81 % | 78 % | 80 % |
| Deposit-to-loan ratio incl. SB1 Boligkreditt and SB1 Næringskreditt 1) | 58 % | 57 % | 58 % |
| Growth in loans (gross) last 12 months (incl. SB1 Boligkreditt and SB1 Næringskreditt) 1) | 7.0 % | 7.9 % | 8.1 % |
| Growth in deposits last 12 months | 8.3 % | 11.4 % | 9.6 % |
| Losses in % of gross loans incl. SB1 Boligkreditt and SB1 Næringskreditt | |||
| Impairment losses ratio 1) | -0.13 % | 0.00 % | 0.00 % |
| Stage 3 as a percentage of gross loans 1) | 0.96 % | 1.62 % | 0.97 % |
| Solidity | 31 Mar 2023 | 31 Mar 2022 | 31 Dec 2022 |
| Capital ratio | 22.2 % | 21.9 % | 23.1 % |
| Tier 1 capital ratio | 20.1 % | 19.8 % | 20.9 % |
| Common equity Tier 1 capital ratio | 18.2 % | 18.3 % | 18.9 % |
| Tier 1 capital | 21,985 | 19,797 | 21,835 |
| Total eligible capital | 24,298 | 21,839 | 24,147 |
| Liquidity Coverage Ratio (LCR) | 194 % | 155 % | 239 % |
| Leverage Ratio | 6.9 % | 6.9 % | 7.1 % |
| Branches and staff | 31 Mar 2023 | 31 Mar 2022 | 31 Dec 2022 |
| Number of branches | 40 | 40 | 40 |
| No. Of full-time positions | 1,415 | 1,401 | 1,432 |
| 1) Defined as alternative performance measures, see attachment to quarterly report | |||
| Key figures ECC | 31 Mar 2023 | 31 Mar 2022 | 31 Dec 2022 | 31 Dec 2021 | 31 Dec 2020 | 31 Dec 2019 |
| ECC ratio | 64 % | 64 % | 64 % | 64 % | 64 % | 64 % |
| Number of certificates issued, millions 1) | 129.43 | 129.39 | 129.29 | 129.39 | 129.39 | 129.30 |
| ECC share price at end of period (NOK) | 123.60 | 141.20 | 127.40 | 149.00 | 97.60 | 100.20 |
| Stock value (NOKM) | 15,997 | 18,270 | 16,471 | 19,279 | 12,629 | 12,956 |
| Booked equity capital per ECC (including dividend) 1) | 105.63 | 99.55 | 109.86 | 103.48 | 94.71 | 90.75 |
| Profit per ECC, majority 1) | 3.51 | 3.20 | 12.82 | 13.31 | 8.87 | 12.14 |
| Dividend per ECC | 6.50 | 7.50 | 4.40 | 6.50 | ||
| Price-Earnings Ratio 1) | 8.79 | 11.05 | 9.94 | 11.19 | 11.01 | 8.26 |
| Price-Book Value Ratio 1) | 1.17 | 1.42 | 1.16 | 1.44 | 1.03 | 1.10 |
| 1) Defined as alternative performance measures, see attachment to quarterly report | ||||||
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